Quaero Capital has acquired a stake in EnergieTeam, one of the leading players in the French onshore wind market. Tevali Partners is pleased to have advised Quaero in a competitive process that involved several months of discussions and negotiations between the parties.

Steven Kassab, co-founder of Tevali Partners, stated: "We firmly believe in the strategic value of Quaero Capital's investment in one of the key players in the French onshore wind sector. This transaction highlights the maturity of Tevali Partners, which played a crucial role in a large-cap operation. The expertise our teams have acquired through platform/IPP transactions (notably Watt&Co, Corsica Sole, IEL, among others) and our deep understanding of renewable infrastructure were instrumental in the success of the investment process. Additionally, we leveraged the working relationships established during previous transactions between Quaero Capital and EnergieTeam, on which we also advised Quaero Capital."

As a reminder, EnergieTeam is the primary winner of the recent public tender for onshore wind. The company operates over 1.2 GW of installed capacity across 110 wind farms.

Quaero Capital manages a portfolio of over €2.8 billion in assets, primarily invested in telecommunications and infrastructure projects. By acquiring a stake in EnergieTeam, Quaero Capital strengthens its diversification and becomes a significant player in the European renewable energy landscape.